Economics

Description

Many economists analyze data to determine underlying relationships and trends, to predict the consequences of government policy or to develop forecasts of future activity. Because such work involves mathematics or statistics and often deals with current issues, students who have such interests should consider studying economics.

Economics is an exciting and critically important field of study. The intensive study of economics
provides a framework of thinking that would serve you well in a variety of vocations.

• What are the consequences of large federal budget deficits, the level of U.S. debt and the debt ceiling?
• What is the impact of international trade on an economy’s output, employment and standard of living?
• What are the causes and consequences of the recent financial crisis?
• What are the economic effects of illegal immigration into the U.S.?
• What should be done to assure the long-range viability of Social Security and Medicare?
• What policies and economic arrangements can protect the environment while minimizing costs to the economy?

On a more practical level, the study of economics develops skills that are in demand by virtually every type of business. You will be equipped to interpret and forecast the impact of government policies, market trends and international trade. By applying economic principles, you will be able to increase efficiency and productivity.

• Financial analysts
• Marketing analysts
• Management trainees
• Project managers
• Consultants

An economics degree will also prepare you for a variety of positions with federal and state governments, quasi-government agencies such as the Federal Reserve, and research and policy institutes. Law school admissions officers look favorably on economics majors because economics teaches students to think analytically and rigorously.

Economics majors who plan to teach at colleges or universities will need to go to graduate school first. But unlike many social scientists, economists are primarily employed in nonacademic pursuits. A recent study indicates that starting salaries of economics majors rank near the top among various disciplines.

The Bachelor's Degree Program in Economics at Kansas State University offers students a comprehensive education in the principles, theories, and application of economic analysis. This program is designed to equip students with a solid understanding of how markets function, the factors influencing economic decision-making, and the broader economic environment at both domestic and global levels. Throughout the course of study, students will explore microeconomic concepts such as consumer behavior, firm production, and market structures, as well as macroeconomic topics including national income, inflation, unemployment, fiscal and monetary policies, and economic growth. The curriculum emphasizes critical thinking, quantitative analysis, and practical skills necessary for a variety of careers in business, government, research, and nonprofit sectors.

Students will engage with a diverse set of courses, including economic theory, econometrics, statistics, and specialized areas such as public policy, environmental economics, international trade, and labor economics. The program combines classroom instruction with real-world applications, encouraging students to analyze current economic issues and develop solutions based on rigorous data analysis. The university’s emphasis on experiential learning is reflected in internships, research projects, and collaboration with industry partners, providing students with valuable hands-on experience and networking opportunities.

The faculty comprises experienced economists and researchers dedicated to mentoring students and fostering a dynamic learning environment. As part of the program, students also gain essential skills in communication, policy analysis, and ethical considerations in economics. The program prepares graduates for diverse professional paths, including economic consulting, financial analysis, government agencies, international organizations, and graduate studies. With a flexible curriculum and a strong foundation in quantitative methods, the Economics program at Kansas State University aims to produce well-rounded, analytically skilled graduates ready to meet the challenges of the modern economic landscape.

To complete the Bachelor of Science in Economics at Kansas State University, students must fulfill the university's general education requirements, which include foundational courses in communication, mathematics, and social sciences. Specifically, students are required to complete ENG 105 (Freshman Composition), COM 110 (Public Speaking), and MATH 100 or higher (College Algebra or equivalent) as part of their core curriculum. Additionally, students must complete the core courses in economics, including ECON 200 (Principles of Microeconomics) and ECON 204 (Principles of Macroeconomics), which provide the foundational knowledge of economic theory and analysis. Elective courses allow students to specialize in areas such as international economics, environmental economics, or public policy, and students are encouraged to select electives that complement their career interests and academic goals. The program also emphasizes quantitative skills; therefore, courses such as STAT 325 (Statistics for Business and Economics) are mandatory. To ensure practical experience and application of economic principles, students are required to participate in internships or cooperative education programs, which are facilitated through the university’s Career Center. A capstone course, ECON 498 (Economics Capstone), is mandatory for senior students, where they integrate and apply their learned principles through research projects or economic analyses. The program culminates with a comprehensive exam or final project, demonstrating students' mastery of core economic concepts. Students must also maintain a minimum GPA as specified by the university, typically at least 2.0 in major courses, to graduate. Overall, the program aims to develop students’ analytical and critical thinking skills, preparing them for careers in business, government, or further graduate study in economics or related fields.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The Finance specialization within the Economics degree program at Kansas State University provides students with a comprehensive understanding of financial principles, investment strategies, and economic analysis. The program prepares students to pursue careers in banking, investment management, corporate finance, financial analysis, and related fields. Students gain a solid foundation in financial theory, quantitative methods, and real-world application through rigorous coursework and practical experiences. The curriculum covers essential topics such as financial markets and institutions, financial modeling, risk management, and ethical considerations in finance. The university offers access to state-of-the-art financial laboratories, internships, and partnerships with financial firms, enhancing students’ practical skills and job market readiness. Financial aid options are available to help students fund their education, including scholarships, grants, loans, and work-study programs. Kansas State University is committed to providing affordable education through various funding opportunities, which can significantly reduce the financial burden on students. The program’s cost varies depending on residency status, housing choices, and personal expenses, but detailed tuition and fee information are available on the university's official website. Students are encouraged to apply for external scholarships and participate in assistantship opportunities that may subsidize their education costs. The university's financial services office offers personalized advisement on financing options, budgeting tips, and planning for future financial stability post-graduation. Overall, the program aims to deliver high-quality education in finance while supporting students financially through well-structured aid programs, fostering an environment conducive to academic and professional success.

Economics at Kansas State University offers a comprehensive undergraduate program designed to provide students with a solid foundation in economic theory, quantitative analysis, and real-world applications. The program emphasizes critical thinking, analytical skills, and the ability to interpret economic data, preparing graduates for diverse career paths in business, government, and non-profit sectors. Students pursuing a Bachelor of Science or Bachelor of Arts degree in Economics engage with core courses such as Principles of Microeconomics and Macroeconomics, Intermediate Microeconomics and Macroeconomics, and Econometrics. Elective courses allow specialization in areas like behavioral economics, development economics, health economics, environmental economics, and international economics, catering to students' interests and career goals.

The curriculum integrates both theoretical frameworks and practical skills, including data analysis, economic modeling, and the application of economic principles to policy issues. The program encourages experiential learning through internships, research projects, and seminars, fostering critical engagement with contemporary economic challenges. Kansas State University also offers opportunities for joint majors, minors in related fields such as finance, political science, or agricultural economics, enhancing students’ interdisciplinary understanding.

Faculty members in the Department of Economics are engaged in active research, contributing to developments in economic theory, policy analysis, and applied economics. The department provides support services such as career counseling, cutting-edge computer labs, and access to economic databases for student research. Graduates of the program are well-equipped to pursue further study in economics or related disciplines, including graduate or professional schools, or to enter the workforce in positions such as economic analysts, financial advisors, policy analysts, or consultants.

The university emphasizes a student-centered approach with small class sizes, personalized advising, and a vibrant campus community. Kansas State University’s location in Manhattan, Kansas, offers students access to a variety of internships, government agencies, and business organizations, providing valuable practical experiences. Overall, the Economics program at Kansas State University combines rigorous academic training with real-world applications, aiming to develop professionals capable of addressing complex economic issues with analytical precision and ethical awareness.